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White Stone considers ‘flat’ budget next year

Lisa Hinton-Valdrighi

by Lisa Hinton-Valdrighi

WHITE STONE—The White Stone Town Council will hold a public hearing on a proposed $164,290 budget for the fiscal year 2019-20 at its June meeting.

“This is a ‘flat’, for lack of a better word, budget,” said councilman William Hubbard, finance committee chairman.

Last Thursday, Hubbard told council the committee had prepared a conservative budget for the coming year, “trimming the revenue and expenses” because of the closure of the White Stone branch of Union Bank & Trust.

Although council voted in December 2018 to implement a prepared meal tax and increase the town’s cigarette tax by 33% from 15 cents to 20 cents per pack, there’s no way to know whether those things will be enough to supplement the loss of the bank franchise tax…

Rappahannock Record Staff
Rappahannock Record Staffhttp://www.rrecord.com
From the Rappahannock Record news team

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